As the Federal Open Market Committee (FOMC) meeting approaches, the cryptocurrency market is at a critical turning point. Several market analysts indicate that the prices of major cryptocurrencies such as Bitcoin and Ethereum may experience significant fluctuations after the meeting.



A highly regarded analyst expressed his views on social media, predicting that if the Federal Reserve lowers interest rates by 25 basis points as expected, the price of Bit may experience a pullback, and Ether may also face similar downward pressure. The analyst believes that the market has largely priced in the expectation of a rate cut, and therefore the actual rate cut may trigger a "sell the news" reaction.

However, it is worth noting that if the Federal Reserve's rate cut exceeds expectations and reaches 50 basis points, the situation may be completely different. In this case, the cryptocurrency market may experience an increase instead of a decline.

This viewpoint is not isolated. Some analysts on Wall Street share a similar perspective, warning that not only the encryption currency market but the entire financial market may face adjustment risks after the Federal Reserve lowers interest rates.

Nevertheless, in the long term, many observers remain optimistic about the cryptocurrency market. They believe that the current bullish trend remains strong, and even if there are short-term pullbacks, it may provide new entry opportunities for investors.

As the results of the FOMC meeting are about to be revealed, market participants are closely monitoring the developments. Regardless of the outcome, the cryptocurrency market is likely to experience a period of volatility in the coming days. Investors should remain vigilant and be prepared to respond to various market conditions.
BTC2.39%
ETH3.93%
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OvertimeSquidvip
· 23h ago
Lost money again in Cryptocurrency Trading.
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CoffeeNFTsvip
· 23h ago
All in and that's it.
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StakeWhisperervip
· 23h ago
Buy at the bottom
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BearMarketSurvivorvip
· 23h ago
Suckers are being targeted again.
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